Partially Awakened Giants - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Partially Awakened Giants write by Shubham Chaudhuri. This book was released on 2006. Partially Awakened Giants available in PDF, EPUB and Kindle. Abstract: The paper examines the ways in which recent economic growth has been uneven in China and India and what this has meant for inequality and poverty. Drawing on analyses based on existing household survey data and aggregate data from official sources, the authors show that growth has indeed been uneven-geographically, sectorally, and at the household level-and that this has meant uneven progress against poverty, less poverty reduction than might have been achieved had growth been more balanced, and an increase in income inequality. The paper then examines why growth was uneven and why this should be of concern. The discussion is structured around the idea that there are both "good" and "bad" inequalities-drivers and dimensions of inequality and uneven growth that are good or bad in terms of what they imply for both equity and long-term growth and development. The authors argue that the development paths of both China and India have been influenced by, and have generated, both types of inequalities and that while good inequalities-most notably those that reflect the role of economic incentives-have been critical to the growth experience thus far, there is a risk that bad inequalities-those that prevent individuals from connecting to markets and limit investment and accumulation of human capital and physical capital-may undermine the sustainability of growth in the coming years. The authors argue that policies are needed that preserve the good inequalities-continued incentives for innovation and investment-but reduce the scope for bad ones, notably through investments in human capital and rural infrastructure that help the poor connect to markets.
Partially Awakened Giants
Partially Awakened Giants - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Partially Awakened Giants write by Shubham Chaudhuri. This book was released on 2016. Partially Awakened Giants available in PDF, EPUB and Kindle. The paper examines the ways in which recent economic growth has been uneven in China and India and what this has meant for inequality and poverty. Drawing on analyses based on existing household survey data and aggregate data from official sources, the authors show that growth has indeed been uneven - geographically, sectorally, and at the household level - and that this has meant uneven progress against poverty, less poverty reduction than might have been achieved had growth been more balanced, and an increase in income inequality. The paper then examines why growth was uneven and why this should be of concern. The discussion is structured around the idea that there are both good and bad inequalities - drivers and dimensions of inequality and uneven growth that are good or bad in terms of what they imply for both equity and long-term growth and development. The authors argue that the development paths of both China and India have been influenced by, and have generated, both types of inequalities and that while good inequalities - most notably those that reflect the role of economic incentives - have been critical to the growth experience thus far, there is a risk that bad inequalities - those that prevent individuals from connecting to markets and limit investment and accumulation of human capital and physical capital - may undermine the sustainability of growth in the coming years. The authors argue that policies are needed that preserve the good inequalities - continued incentives for innovation and investment - but reduce the scope for bad ones, notably through investments in human capital and rural infrastructure that help the poor connect to markets.
Partially Awakened Giants
Partially Awakened Giants - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Partially Awakened Giants write by Shubham Chaudhuri. This book was released on 2012. Partially Awakened Giants available in PDF, EPUB and Kindle. The paper examines the ways in which recent economic growth has been uneven in China and India and what this has meant for inequality and poverty. Drawing on analyses based on existing household survey data and aggregate data from official sources, the authors show that growth has indeed been uneven-geographically, sectorally, and at the household level-and that this has meant uneven progress against poverty, less poverty reduction than might have been achieved had growth been more balanced, and an increase in income inequality. The paper then examines why growth was uneven and why this should be of concern. The discussion is structured around the idea that there are both "good" and "bad" inequalities-drivers and dimensions of inequality and uneven growth that are good or bad in terms of what they imply for both equity and long-term growth and development. The authors argue that the development paths of both China and India have been influenced by, and have generated, both types of inequalities and that while good inequalities-most notably those that reflect the role of economic incentives-have been critical to the growth experience thus far, there is a risk that bad inequalities-those that prevent individuals from connecting to markets and limit investment and accumulation of human capital and physical capital-may undermine the sustainability of growth in the coming years. The authors argue that policies are needed that preserve the good inequalities-continued incentives for innovation and investment-but reduce the scope for bad ones, notably through investments in human capital and rural infrastructure that help the poor connect to markets.
Dancing with Giants
Dancing with Giants - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dancing with Giants write by Alan Winters. This book was released on 2007-01-10. Dancing with Giants available in PDF, EPUB and Kindle. China is now the world's fourth largest economy and growing very fast. India's economic salience is also on the rise. Together these two countries will profoundly influence the pace and nature of global economic change. Drawing upon the latest research, this volume analyzes the influences on the rapid future development of these two countries and examines how their growth is likely to impinge upon other countries. It considers international trade, industrialization, foreign investment and capital flows, and the implications of their broadening environmental footprints. It also discusses how the two countries have tackled poverty, inequality and governance issues and whether progress in these areas will be a key to rapid and stable growth.
Awakening Giants, Feet of Clay
Awakening Giants, Feet of Clay - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Awakening Giants, Feet of Clay write by Pranab Bardhan. This book was released on 2012-12-30. Awakening Giants, Feet of Clay available in PDF, EPUB and Kindle. A comparative look at the astonishing economic rise of modern China and India The recent economic rise of China and India has attracted a great deal of attention—and justifiably so. Together, the two countries account for one-fifth of the global economy and are projected to represent a full third of the world's income by 2025. Yet, many of the views regarding China and India's market reforms and high growth have been tendentious, exaggerated, or oversimplified. Awakening Giants, Feet of Clay scrutinizes the phenomenal rise of both nations, and demolishes the myths that have accumulated around the economic achievements of these two giants in the last quarter century. Exploring the challenges that both countries must overcome to become true leaders in the international economy, Pranab Bardhan looks beyond short-run macroeconomic issues to examine and compare China and India's major policy changes, political and economic structures, and current general performance. Bardhan investigates the two countries' economic reforms, each nation's pattern and composition of growth, and the problems afflicting their agricultural, industrial, infrastructural, and financial sectors. He considers how these factors affect China and India's poverty, inequality, and environment, how political factors shape each country's pattern of burgeoning capitalism, and how significant poverty reduction in both countries is mainly due to domestic factors—not global integration, as most would believe. He shows how authoritarianism has distorted Chinese development while democratic governance in India has been marred by severe accountability failures. Full of valuable insights, Awakening Giants, Feet of Clay provides a nuanced picture of China and India's complex political economy at a time of startling global reconfiguration and change.
